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MississippiFirst-Time Homeowner programs

First-Time Homeowner grants in Mississippi

Browse first-time homeowner grants available in Mississippi, including statewide and local programs.

5 active programs in Mississippi

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The City of Vicksburg’s Down Payment Assistance for First Time Homebuyers bundles several grant-based options to help low and moderate-income first-time buyers cover down payment and closing costs. Programs are offered in partnership with Mississippi Home Corporation and the Federal Home Loan Bank of Dallas.

Eligible for: First-time homebuyers in Vicksburg with low to moderate income not exceeding area median income, acceptable credit, and completion of an app…

Funding: Multiple grant options: Smart Solutions grant (≈4% of loan), Home Loan Plus grant (up to $25,000 over 5 years), Affordable Housing Program (amount varies), or Federal Home Loan Bank down-payment assistance up to $7,500 — depending on buyer’s income and program fit, to help cover down payment and closing costs.Deadline: Rolling / subject to funding availabilityrollingcityFirst-time homebuyerDown payment assistanceClosing cost assistanceGrantsHomeownership access

Mississippi Home Saver Plus is the state’s Homeowner Assistance Fund program, designed to help income-eligible homeowners recover from COVID-19 financial hardship by covering delinquent mortgage payments, property taxes, and related housing costs to prevent foreclosure or loss of utilities.

Eligible for: Mississippi homeowners who experienced a COVID-19–related financial hardship after January 21, 2020, are at risk of mortgage delinquency, de…

Funding: Up to $50,000 in mortgage, property-tax, or utility-cost assistance to eligible homeowners affected by COVID-19 hardship or housing-cost distress.Deadline: Rolling / subject to funding availabilityrollingstatewide (MS)HomeownerMortgage assistanceTax lien preventionUtility cost helpForeclosure prevention

CBC Mortgage AgencyMSFirst-Time Homeownersecond mortgage / down payment assistance

Updated: Dec 5, 2025

The Chenoa Fund provides flexible Mississippi down payment assistance of up to 5% of the purchase price or appraised value, helping low- and moderate-income buyers reduce or eliminate out-of-pocket down payment and closing costs.

Eligible for: First-time and repeat homebuyers in Mississippi working with an approved Chenoa Fund lender, typically low- to moderate-income borrowers usi…

Funding: Down payment and closing-cost assistance up to 5% of the home’s sale price or appraised value (secondary financing, forgivable or repayable).Deadline: Rolling / subject to funding availabilityrollingstatewide (MS)HomebuyerDown payment assistanceClosing cost assistanceHomeownership accessSecond mortgage

Pascagoula’s Down Payment Assistance Program offers up to $5,000 in grant funds to help low- and moderate-income first-time homebuyers with down payment and closing costs inside the city limits.

Eligible for: Pascagoula residents (minimum six months) currently in rental or similar housing who are first-time homebuyers, have not owned a principal r…

Funding: Grants up to $5,000 toward down payment and reasonable closing costs for eligible first-time homebuyers in Pascagoula.Deadline: Rolling / subject to funding availabilityrollingcityFirst-time homebuyerDown payment assistanceClosing cost assistanceGrantHomeownership access

City of JacksonMSFirst-Time HomeownerHOME-funded down payment/closing cost assistance

Updated: Dec 5, 2025

Jackson’s Homebuyer Assistance Program uses federal HOME funds to provide tailored down payment assistance so low- and moderate-income families can buy affordable homes in the city.

Eligible for: Low- to moderate-income households purchasing within Jackson city limits, with annual income at or below 80% of area median income, particip…

Funding: Down payment assistance (structured via HOME funds through nonprofit partners) for low- to moderate-income households buying in Jackson, MS (purchase price cap $156,000).Deadline: Rolling / subject to funding availabilityrollingcityFirst-time homebuyerLow/Moderate income householdDown payment assistanceClosing cost assistanceHOME programAffordable housing